Have you always wanted to start a foreclosure cleanup business or property preservation company? This year alone there is expected to be over 4 Million homes foreclosed on nationally! Banks desperately need Property Preservation vendors to cleanup and maintain their bank repos and foreclosure properties!
Property Preservation Company Start up Training Guide, Download now:
All about the Property Preservation Industry: This is a very easy business to actually start. First, of course you will need a business license and general liability insurance for your Property Preservation Company. The banks require all of their Property Preservation Companies to sign up with them directly and you will need both of these to sign up with the banks and asset management companies, also you will need to submit a signed w-9 form to them and a copy of your drivers license, as you are paid as an independent contractor “Property Preservation Vendor”. The banks call vendors that clean foreclosures, “Property Preservation Vendors”. Banks pay an average of $900 to upwards of $10,000 per property to trashout and perform property preservation services before they get ready to put it onto the market for resell. Most property preservation companies service 20-300 homes per month.
What type of services can a property preservation companies offer to the banks?
Initial securing of properties (Rekey or board up windows),Install Lockboxes,Winterization ,Bi-Weekly or Monthly lawn maintenance, Eviction/move-out assistance, REO trash-outs and debris removal, Repairs as needed on a property by property basis, Pool Maintenance & Repair, Plumbing repairs, Electrical repairs, HVAC repairs and replacement, Automobile removal, Hazardous Waster Removal, Demolition and Removal, Install new or repair flooring ,Replace or repair windows,and many more…..
BANKS PAY MILLIONS OF $$$ EACH YEAR REPAIRING AND MAINTAINING THEIR FORECLOSURE INVENTORIES FOR FUTURE SALE!
Property Preservation Companies are thriving with the flood of foreclosures!!
The Property Preservation business is good for:
Contractors, Landscapers, Handyman,Plumbers,HVAC Contractors,Carpenters,Electricians, Trash & Debris Hauling Companies,Demolition
Contractors,Painters,Carpet & Flooring Companies,House Cleaning Services,Carpet Cleaning Companies,Pool Contractors,Roofing Companies,Drywall Contractors,Glass & Window Repair Companies,Locksmiths,Home Inspectors,Hazardous Material Removal,Automobile Removal Service,Tile Companies. and anyone wanting to get into this amazing and growing business!
The property preservation business also is a great home based company to start and is literally recession-proof.
Marketing your Property Preservation Company: In this business you will want to sign up with all the banks and reo asset management companies and locate REO real estate agents in your area. You will need to get a good property preservation bank contact list to get you started. Once you order a list, start signing up at all of the bank and asset management sites to start receiving work orders. Here is a link to over 1200 direct bank reo contacts:
Get your Property Preservation Company listed in the Property Preservation Directory. The Property Preservation Directory is a master directory of Property Preservation Companies and most of the banks and reo asset management companies use this Property Preservation directory to find new Property Preservation Companies. If you are not listed in the property preservation directory, you will be missing out on a lot of property preservation business contracts and property preservation jobs available to you. They also have a program where they can market your Property Preservation Company directly to the banks. Here is the website link:
The Foreclosure Cleanup Network is also one of the best places to market your Property Preservation Company and it’s completely free. The foreclosure cleanup network is the #1 social network for the property preservation industry and most property preservation companies are on this website and listed in the Property Preservation Directory. There are tons of Real estate agents that list foreclosure properties “Reo Agents” on this website as well and it’s a great place to connect directly with them to offer them your Property Preservation Company to. Here is the website link:
The property preservation business is a great business to be in! Learn How to Run, Grow and expand your current property preservation company quickly with these tips. There are plenty of property preservation business contracts, property preservation jobs, and work available all around you for the taking!
To Learn more of what you need to know to start a successful Property Preservation Company:
Go to our website to see videos of foreclosure cleanup businesses and property preservation companies in action. Download the Property Preservation Company Start up Training Guide and Property Preservation Bank Contact List today to get started in this booming industry!